For Sale · Industrial

21 Robson ROAD, Leamington

21 Robson ROAD, Leamington, ON N8H2M8

$899,900 total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

99%

Clear height

28 ft

Loading docks

13

About this property

Vacant development land at 21 Robson Road, Leamington, Ontario — steps from the Leamington Marina, Seacliff Beach, Seacliff Park, and Lake Erie waterfront. Zoned C6-17 (Commercial General), with an approved Zoning By-law Amendment passed by Leamington Council June 24, 2025 contemplating a 6-storey mixed-use building with ground-floor retail commercial space and residential units above. Lot measures approximately 28,300 sq ft with 137 feet of frontage on Robson Road. Municipal water, storm, and sanitary sewer services at lot line. Supporting planning studies completed and available upon request. Located in Leamington's designated Waterfront Commercial District, Essex County, Ontario. Sold as-is, where-is. No representations or warranties provided. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$59K

Annual cash flow

$9K

Cash-on-cash

3.48%

DSCR

1.19

Going-in cap

6.59%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

64,976

Households

23,765

Median income

$95,500

Median age

31.2

Daytime population

74,705

5-yr growth

0.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 21 Robson ROAD, Leamington.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.